MLK Foods Public Co Ltd 2012 AR2
The report highlights Milkiland's operations and financial performance for the fiscal year 2012, focusing on building a long-term growth platform. Key achievements included the acquisition of Polish-based cheese plant Ostrowia, marking the company's first non-CIS asset, and the commencement of a large-scale dairy farming business in Ukraine. Despite temporary cheese export restrictions to Russia, sales revenue increased by 3% to a record EUR 287 million, and EBITDA rose by 10% to EUR 38 million. The company also expanded its vertical integration by increasing in-house milk production 1.7 times and starting construction on a modern 6,800-stall dairy farm.
Company: MLK Foods Public Co Ltd
Sector: Manufacturing
Country: Cyprus
Year: 2012
Type: AR2
Pages: 109
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MLK Foods Public Co Ltd
Annual Report
The report highlights Milkiland's operations and financial performance for the fiscal year 2012, focusing on building a long-term growth platform. Key achievements included the acquisition of Polish-based cheese plant Ostrowia, marking the company's first non-CIS asset, and the commencement of a large-scale dairy farming business in Ukraine. Despite temporary cheese export restrictions to Russia, sales revenue increased by 3% to a record EUR 287 million, and EBITDA rose by 10% to EUR 38 million. The company also expanded its vertical integration by increasing in-house milk production 1.7 times and starting construction on a modern 6,800-stall dairy farm.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees